45L Tax Credit

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The IRS released guidance on the §45L tax credit via Notice 2023-65. The guidance provided in this notice addresses: (i) the person that is eligible for the credit, (ii) determining the applicable amount of the credit, (iii) energy saving requirements, (iv) certification requirements, and (v) substantiation requirements....

In April 2023, the EPA announced a transition to National Version 3.2 of the ENERGY STAR Single-Family New Homes Program and Version 1.2 of the ENERGY STAR Multifamily New Construction Program in Connecticut, New Jersey, Oregon, Vermont, and Washington. Now, the EPA believes it is appropriate to delay the transition to the new versions one additional year to January 1, 2025....